Under the Model Act, a corporation must have at least one director unless all shareholders agree to eliminate the board or the corporation has fewer than _____ shareholders.

A. 10
B. 25
C. 50
D. 100


Answer: C

Business

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The management of Plotnik Corporation is investigating purchasing equipment that would increase sales revenues by $269,000 per year and cash operating expenses by $156,000 per year. The equipment would cost $294,000 and have a 6 year life with no salvage value. The simple rate of return on the investment is closest to (Ignore income taxes.):

A. 21.8% B. 38.4% C. 16.7% D. 23.8%

Business

Salespeople use the SELL Sequence to:

A. measure the success rate of sales personnel. B. handle consumer objections gracefully and quickly. C. respond to distractions during sales presentations. D. adapt a sales presentation to the prospect's personality type. E. remember what to emphasize during sales presentations.

Business

Humor should not be used when introducing a presentation because it can be offensive to members of the audience

Indicate whether the statement is true or false

Business

When faced with negative or threatened social identity, which strategy might individuals use?

a. withdrawal *b. group mobility through “social creativity” c. reframing d. rebellion

Business